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Updated · MarketWatch · May 1Church & Dwight stock falls 1.07% and underperforms competitors
10 articles · Updated · MarketWatch · May 1
- The shares closed at $96.02 as the S&P 500 rose 0.29% to 7,230.12 and the Dow Jones Industrial Average slipped 0.31% to 49,499.27.
- Church & Dwight ended 9.45% below its 52-week high of $106.04 reached on 24 February.
- It lagged Procter & Gamble and Colgate-Palmolive, while trading volume of 3.6 million shares topped its 50-day average of 2.0 million.
Why did strong earnings and record market share lead to a drop in Church & Dwight's stock price? Can Church & Dwight's bet on productivity over price hikes protect its market share from rivals amid rising inflation?